ISM's Nieves: Services Data Reflect Strong Business Activity

The video discusses the economic recovery post-pandemic, highlighting strong growth across industries despite capacity constraints and supply chain disruptions. It examines the impact of the Delta variant, labor shortages, and inflation concerns. The discussion also covers pricing trends, demand exceeding supply, and challenges in rebuilding inventories due to ongoing supply chain issues.

What factors are contributing to the current capacity constraints in the economy?

How has consumer confidence been affected despite the pent-up demand?

Discuss the expected trends in pricing as projected by respondents.

What challenges are businesses facing in terms of labor shortages?

What are the implications of the supply chain disruptions on inventory levels?